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HomeMy WebLinkAbout02-11-11~- _J __ __ __ _ _ _.. -__ r ~1 R.C~~+.~rr'~1~~ +,.t~u~ ~r I iL.. \.~~ J i ~i t ~~, '4 "s r. ~y.~ J ~~~r ~~~ ~ ~ ~~iji= ~!, ~~~ C?RPI~AI`I'S ~J~T JMB~I/i.AriQ 0, PA IN RE: ESTATE OF HENRY L. SHRAWDER DECEASED IN THE COURT OF COMti CUMBERLAND COUNTY, ORPHANS' COURT DIVIS No. 2110-0380 ~ PLEAS I~NSYLVANIA FAMILY SETTLEMENT AGREEMENT WAIVING FILING OF ACCOUNT This Instrument (hereinafter "Agreement"), executed by HELEN HI~AWDER, Individually and as Executrix (hereinafter "Beneficiary") of the Last Will Testament of HENRY L. SHRAWDER, Deceased. WITNESSETH: WHEREAS, Henry L. Shrawder died on March 26, 2010, having f published his Last Will and Testament dated October 12, 2007, in which Helen Shrawder as Executrix; and WHEREAS, on April 9, 2010, said Last Will was duly probated by Wills of Cumberland County, Pennsylvania, and Letters Testamentary g to Helen Shrawder, as Executrix; and WHEREAS, the Executrix has proceeded with the administration and HELEN SHRAWDER is personally familiar with the Estate assets; rst made and h~ named Register of :d thereon f $aid Estate, __ ~ _ , Y ~ - 1 M~iERGAi, X11 debts; bills, claims, taxes, demands and causes ~f action have been paid in full or reserved against by the Executrix, pending final billings (accountant i and 2010 income taxes), and Beneficiary desires all remaining Estates rrhs, if any, to be distributed immediately upon the complete execution of this Agreem nt. NOW THEREFORE, Helen Shrawder being the sole beneficiary ~if the assets of the Estate of Henry L. Shrawder, does hereby acknowledge that she ha personal knowledge of the existence and value of the Estate assets from the file Inheritance Tax Return, bank statements, and other sources, both objective and pe final, and that she has received, either in kind or the liquidated proceeds of all such as~e#s due by virtue of Decedent's Last Will and Testament. ', AND, Helen Shrawder does hereby stipulate that in view of her personal knowledge and to avoid further expense and delay involved in h~ filing of a formal Account and Schedule of Distribution, agrees that no Account is e~essary, this Agreement is appropriate and final, and she consents to distribution bei g made without the formal filing of an Account and Schedule of Distribution, suc f~greement to be with the same force and effect as if the documents had been filed an confirmed by the Orphans' Court Division of the Court of Cumberland County.. THEREFORE, Helen Shrawder shall and does hereby release, in~femnify, forever discharge, and hold harmless Helen Shrawder, Executrix, Howar B. Krug, Esquire and the law firm of Purcell, Krug & Haller, Attorneys for the Estat , 'as well as their respective agents, employees, partners, heirs, successors, assigns, e~cecutors and administrators, from all actions, suits, payments, accounts, and claims wf~atsoever, touching upon the Estate of the Decedent. I~ 2 y ~ , ~ _ Helen ShnwMder further agrees that should any liability or claim arise against the Estate of the said Decedent after the signing of this Agreement, in view~,of the distribution of all unreserved sums and assets to her, she covenants that the will be solely responsible for satisfying same should the reserve sums be inadequate, including but not limited to any and all taxes, liabilities, claims, demands, suits and causes of action which may be successfully prosecuted or assessed against the Estate after the signing, sealing and delivery of this Agreement. IN WITNESS WHEREOF, I have set my hand and seal to this Family Settlement Agreement on the date as indicated below. ~, 'I WITN S: '~ HELEN SHRAWDER, Individual y end as Executrix of the Will of Henry L. S ra!wder, Deceased Dated: ~~ ~f ~ COMMONWEALTH OF PENNSYLVANIA ) SS: COUNTY OF CUMBERLAND ) On this, the ~ day of ~E 8R u AMY, 2011, before me, a Notary Publ~c, the undersigned officer, personally appeared HELEN SHRAWDER, Individually and a Executrix of the Estate of Henry L. Shrawder, Deceased, known to me (or satisfactorily proven) to the person whose name is subscribed to the within instrument, and acknowledged that she ex cuted this Family Settlement Agreement for the purposes therein contained. IN WITNESS WHEREOF, I have hereunto set my hand and official seal. /1 ~. _ _ ~ ~ YLVAN Notary Public / NOTARIAL SEAL My Commission Expires: (i1NA ugALDI, Notary Pubbc ~ ~ p C12 2014 3 - 1a- aoly _ - -__